Sunday, 15 May 2016

SHOULD UGANDA SHOULD HAVE INVENTED HEADS OF STATES GIVEN WHAT THE LOCALS WENT THROUGH.

Uganda this time
made a net loss given what the local Ugandans went through up to the
inauguration of President Museveni and events after.

It all started
with security personnel in all areas near to Kampala. This was followed by the
closure of Entebbe Highway which development had not been seen before hence
forcing motorists to use the Expressway under construction.

Then the social media was closed
down for 3 days, not forgetting the public holiday; the day of the Swearing in
by the President.

A good audit of
the business to many Ugandans was simply a gross loss to the country.

The situation
Uganda is in is very tricky. It is most important to properly evaluate before
making some of the decisions say on whether to declare a day a public holiday
or even the invitation of visitors who call for security that makes production
and productivity to be greatly reduced.

By this time, the
policy makers ought to know how much money the country needs to make everyday
to be able to service its loan liabilities as well as the local debt and other
foreign obligations. The same policy people should compute to find out how much
in actual terms is the country actually realizing given the other national
obligations. This against the background that we are still borrowing.

Facts may reveal
that the country cannot afford to add on to the existing official public
holidays.

It is true that
many Ugandans had nothing to celebrate given what is on ground, the
uncertainty, the insecurity, the way producers of wealth are seen as if
valueless.

The social media
is an area where many earn. People sell airtime; and on the three days when
social media has been off, the tax that should have been realized had a big
short fall following the switch off of the social media.

The public
holiday meant loss of income by financial institutions and many business
entities.